Thu, 06 Jun 2013 14:05:12 GMT
U.S. inflation expectations fall
Inflation expectations in the U.S., calculated as the difference between 10-year Treasuries and similar-maturity Inflation Protected Securities, fell to 10-month low as the spread narrowed to 2.14% today, before tomorrow's wage gains data. The current real yield on 10-year government bonds is 0.98%, while it is expected that yield will rise 40 basis point by the end of the year.